Fiserv safeguards your organization's customer or member data and business data with bank-grade security and protects against financial misstatements with an integrated, enterprise approach to transactional reconciliation and certification.

 

Overview

Data security is one of the greatest concerns your business faces today. Trust Fiserv, a proven provider to thousands of billers and financial institutions, to provide the highest level of security for consumer and business data while ensuring compliance with evolving regulatory requirements.

Fiserv also protects your organization from financial misstatements, potential write-offs and the rising costs of manual, spreadsheet-based reconciliation through our integrated, enterprise approach.

Our reconciliation solution cuts through complex data to deliver needed information – clearly and quickly.

  • Real-time automated reconciliation enables you to process all transaction and account types
  • Data agnostic nature allows for effortless data collection from internal or external sources
  • Flexible, automatic matching based on the criteria you specify – including one-to-one, one-to-many and many-to-many items – for any type of monetary and account item in the system
  • Integrated account certification delivers a single, accurate view of the entire balance sheet, helping you achieve a clean audit trail
 

Benefits

  • A proven provider to thousands of billers and financial institutions,we'll provide the highest level of security and ensure compliance with evolving regulatory requirements
  • Powerful efficiency gains by adopting automated reconciliation over manual processes
  • Significant cost savings on audits by providing fully auditable, electronic access to accounts and approval, adhering to compliance and regulatory requirements
  • Dramatic reduction in write-offs driven by fully-automated, workflow-driven exception identification, automatic aging and defined escalation paths
  • Substantially fewer errors from replacing paper-based processes with automated reconciliation

Terms and Conditions

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Resources

Solution

The Better Billing and Payment Experience, Start to Finish

Engagement AdvantageSM from Fiserv delivers an integrated approach that enables your business to offer the billing and payment options your customers demand, drive greater engagement to increase growth, and help you compete on the customer experience.

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Resource

Engagement Advantage Protect Fact Sheet

Streamline the reconciliation process to ensure protection from financial misstatements, potential write-offs and the rising costs of manual reconciliation. Engagement Advantage℠ from Fiserv enables reconciliation of payments in real time with the ability to process all transaction and support forms – including cash, checks, securities and foreign exchange transactions – on a single platform.

Read the fact sheet

Have a question for us?

For more information on Protect and other Fiserv solutions, call us at 800-872-7882 or contact us.

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